Kingsmen Resources Ltd (KNG) Financings
TSXV: KNG · Silver, Gold · Exploration stage
- Market cap$34.3M
- Share price$0.990
- 52-week range$0.930 – $2.85
- Shares outstanding34,607,086
- ExchangeTSXV
- Websitekingsmenresources.com
Kingsmen Resources is a mineral exploration company focused on advancing its 100% held projects, the Las Coloradas silver/gold project and Almoloya gold/silver project located in the prolific mining district of Parral Mexico. The projects host historic past producing high-grade silver mines. They are considered to be prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits. In addition, the company has a 1% NSR on the La Trini claims which form part of the Los Ricos North project operated by GoGold Resources Inc. in Mexico. Kingsmen is a publicly-traded company (TSXV: KNG) (OTCQB: KNGRF) (FSE:TUY) and is headquartered in Vancouver, British Columbia.
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Kingsmen Resources Ltd financial statements
Key figures read from 39 of 39 financial statement filings, Nov 28, 2016 to Aug 26, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$4,311,562 | C$1,253,296 | C$908,857 | C$800,619 | C$891,799 |
| Total current assets | C$4,372,326 | C$1,334,545 | C$940,658 | C$816,697 | — |
| Exploration and evaluation assets | C$1,965,756 | C$450,286 | C$328,274 | C$123,918 | C$1 |
| Total assets | C$6,338,082 | C$1,784,831 | C$1,268,932 | C$940,615 | C$908,830 |
| Total liabilities | C$223,930 | C$80,114 | C$63,066 | C$50,244 | C$7,738 |
| Shareholders' equity | C$6,114,152 | C$1,704,717 | C$1,205,866 | C$890,371 | C$901,093 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$8,359 | C$4,530 | C$5,269 | C$57,097 | C$0 |
| General and administrative | C$249,116 | C$199,284 | C$179,500 | C$132,698 | C$103,732 |
| Share-based compensation | C$0 | C$304,200 | — | — | — |
| Net income (loss) | (C$796,837) | (C$790,113) | (C$479,530) | (C$10,722) | (C$188,965) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$752,242) | (C$520,563) | (C$472,708) | (C$248,050) | (C$200,540) |
| Investing cash flow | — | — | (C$214,079) | C$156,870 | — |
| Financing cash flow | C$5,206,272 | C$984,764 | C$795,025 | — | — |
| Exploration spending (capitalized) | — | — | (C$214,079) | (C$113,194) | — |
| Proceeds from share issues | — | — | C$800,025 | — | — |
| Change in cash | C$3,058,266 | C$344,439 | C$108,238 | (C$91,180) | C$85,428 |
| Cash at end of period | C$4,311,562 | C$1,253,296 | C$908,857 | C$800,619 | C$891,799 |
Kingsmen Resources Ltd financings
2 financings announced or closed by Kingsmen Resources Ltd, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-02-11 | Kingsmen Resources Ltd (KNG) | LIFE offering, bought deal | Closed, 1 tranche | $13.0M | $2.25 | Kingsmen Resources Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$13 Million |
| 2025-11-04 | Kingsmen Resources Ltd (KNG) | Private placement, non-brokered | Closed, 1 tranche | $4.2M | $1.35 | Kingsmen Resources Announces $3,003,750 Private Placement |